Back 606/112 South Terrace
Off Market

606/112 South Terrace

Adelaide SA 5000

1
1
0 m²
Apartment
Last sold for $503,000
Grant WillsGrant Wills, last sold this property on 14 July 2025 after 39 days on market.

Overview

Urban Oasis to invest in Adelaide's CBD

In the heart of Adelaide's vibrant cityscape lies a masterpiece of contemporary design at 606/112 South Terrace, 'Citi TERRACE' stands as a beacon of architectural innovation. This beautiful apartment offers a sophisticated blend of luxury and functionality, making it an enviable choice for discerning residents or astute investors. With an inviting open layout, the apartment showcases floating timber floorboards throughout the living areas and is furnished with high-end finishes and modern design elements. Perfect investment returns with AirB&B opportunities. Features we love: - Seamless access with keyless entry - 1 bedroom: Features a built-in robe and captivating city views and direct balcony access to greet you each morning. - Stylish bathroom: Relish in the indulgence of a floor-to-ceiling tiled open shower, enhanced with high-quality fixtures and a European-style laundry. - Gourmet kitchen: A chef's delight with a stunning 2-pac kitchen boasting LED underlit overhead cabinetry, a mirrored splashback, and elegant stone benchtops. Equipped with premium appliances including an induction cooktop, oven, and dishwasher. - Private balcony: Bask in the panoramic views of the city - a perfect retreat for morning coffee or evening unwinding enjoying the ambiance city lights. - Modern conveniences: Ducted reverse cycle air conditioning, LED downlights, and 2.7-metre ceilings. - Secure access: Swipe card access complements the security of two lifts and video intercom. Residents and guests enjoy the impressive communal amenities, including a well-appointed gym and an expansive outdoor terrace. Perfect for entertaining, it's equipped with BBQ facilities and offers breathtaking views over the illuminated city skyline. Positioned between King William Street and Morphett Street, this location ensures tranquility alongside a vibrant urban lifestyle. A leisurely stroll away are the manicured Veale Gardens, an array of cafes and restaurants, Central Market, Chinatown, and beautiful walking trails. Easy access to public transportation including trams from King William Street, and just moments from key shopping destinations such as Rundle Mall and Unley Shopping Centre. Luxurious city-fringe living - a secure, low-maintenance sanctuary designed for those who wish to savour Adelaide's finest offerings. Whether as a primary residence or a valuable addition to your investment portfolio, this property's potential is as expansive as its view. Local council: Adelaide Council rates: $1,632.55pa approx. Year built: 2016 SA Water rates: $165.55 p.q approx. Body Corporate: $707.76 p.q. + Sinking Fund: $154.50 p.q.

Features

1 bedroom
1 bathroom
0 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 606/112 South Terrace is $470k.

Median value
$470k
Estimated value range
$131.5k - $650k
Median days on market
29
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Adelaide. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 606/112 South Terrace

2025
Sold
$503,000
Private Sale/Treaty on 14 Jul 2025 by Grant Wills, of TOOP+TOOP

Happy sellers in Adelaide

93%
93% of sellers in Adelaide reported that their sale price either exceeded or met their price expectations.

Adelaide stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Adelaide over the last 12 months.

Local market activity for 1 bedroom apartments in Adelaide

In the last 12 months, 192 one-bedroom apartments similar to 606/112 South Terrace, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

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